On March 31, 2022, Zell Company issued a $486,000, 4%, 3-year note payable when the market rate was 12%. Interest is due on each March 31, beginning March 31, 2023. The company's fiscal year ends on December 31. Future Value of $1 table Future Value of an Ordinary Annuity table Future Value of an Annuity Due table Present Value of $1 table Present Value of an Ordinary Annuity table Present Value of an Annuity Due table Read the requirements. Requirement a. Prepare the journal entry to record the issuance of the note payable. (Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from any journal entries.) Account Cash Discount on Note Payable Interest Expense Interest Payable Long-Term Note Payable Premium on Note Payable March 31, 2022 Requirements a. Prepare the journal entry to record the issuance of the note payable. b. Prepare an amortization table. c. Prepare the journal entry to record interest expense at December 31, 2022. d. Prepare the journal entry required on March 31, 2023. Print Done